Senate debates

Monday, 19 September 2011

Questions without Notice

Carbon Pricing

2:32 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

I love the way the tactics committee sees the word 'modelling' somewhere and then decides they want to talk only about modelling for the entirety of question time. It is a pity the senator did not listen to my response to Senator Bernardi, wherein I pointed out that the Treasurer had flagged the release of this modelling this week. I am not sure how the senator comes to suggest that there has been a leak. Some aspects of it, and the fact of it, were released in the Treasurer's economic note. That is hardly a leak.

The coalition cannot come into this chamber pretending to actually care about the economic costs of action on climate change when its own policy has been so poorly costed and will lead to a doubling of the economic cost of achieving the five per cent target. But you do not have to believe me. It is what the Treasury says. It is what the Business Council of Australia has referenced.

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